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Bombay Rayon Fashions Ltd (BRFL)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 532678 NSE: BRFL Textile | Small Cap | Bombay Rayon Fashion Share Price

₹1.82 0.00 (0.00%)

As on 12-Dec'22 18:01

Bombay Rayon Fashions Ltd (BRFL)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 532678 NSE: BRFL Textile | Small Cap | Bombay Rayon Fashion Share Price

₹1.82 0.00 (0.00%)

As on 12-Dec'22 18:01

Key Metrics
Valuation Multiples
Market Cap
₹58 Cr.
Current Price
₹1.8
52-Week Low / High
₹2 / 2
TTM EPS
₹-32.9
TTM Sales
₹66.5 Cr.
Book Value per Share
₹-27.5
P/E Ratio
0.00
Industry PE
36.6
Price to Book (P/B)
-0.07
Price to Sales (P/S)
0.87
EV/EBITDA
-29.91
Dividend Yield
0.00%
Profitability Efficiency
Return on Equity (ROE)
0.00%
Return on Capital Employed (ROCE)
-26.88%
Return on Assets (ROA)
-35.78%
Operating Profit Margin
-283.1%
Net Profit Margin
-1380.84%
Gross Profit Margin
-379.1%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Improving versus 3-year growth rate
-23.63%
Operating Profit Growth (1 Year)
-
-
Net Profit Growth (1 Year)
-
-
Asset Quality
Promoter Holding
25.54%
Pledged shares (%) of Promoter's holding (%)
38.07%
Reserves
₹-1,191 Cr.
Equity
₹317.5 Cr.
Face Value
₹10
All Time Low / High
₹1.58 / 418.00

Bombay Rayon Fashions stock performance

Key Ratios
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10 Year X-Ray :

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Bombay Rayon Fashions Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
ROCE % 8.6%-2.3%5.7%8.3%5.8%0.8%-25.7%-37.9%-7.6%-26.9%-
Value Creation
Index
-0.4-1.2-0.6-0.4-0.6-1.0-2.8-3.7-1.5NA-

Growth Parameters

Sales 3,1952,9073,5334,1723,8773,08894148810983.166
Sales YoY Gr.--9%21.5%18.1%-7.1%-20.3%-69.5%-48.2%-77.7%-23.6%-
Adj EPS 13.6-12-6.70.3-8.4-9-52.7-50.9-12.5-17-32.9
YoY Gr.--188.2%NANA-3214.8%NANANANANA-
BVPS (₹) 231.9201.4194.5141.6140.1133.680.521.312.1-24-27.5
Adj Net
Profit
182-161-90.13.7-156-286-1,672-1,617-396-539-1,045
Cash Flow from Ops. 510-838573448281-1613.3-366366-77.5-
Debt/CF from Ops. 7.8-5.69.312.620-25.41347-13.712.8-57-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales -33.3%-53.6%-55.5%-23.6%
Adj EPS -202.5%NANANA
BVPS-177.7%-170.3%-166.8%-299.3%
Share Price -35% -23.4% - -

Key Financial Parameters

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
Return on
Equity %
5.9-5.4-3.30.2-6.8-8.2-48.5-97.2-68.5382.9127.8
Op. Profit
Mgn %
26.315.616.118.315.56.4-192.2-392.3-344.1-283.1-226.5
Net Profit
Mgn %
5.7-5.5-2.60.1-4-9.3-177.6-331.4-364.2-648.3-1572.8
Debt to
Equity
1.31.7232.211.77.412.3-5.8-
Working Cap
Days
4185415034535166961,9642,4987,8686,1361,876
Cash Conv.
Cycle
2243043013013815501,6371,9775,4933,399-14,824

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22
Sales3,194.792,907.363,532.674,171.623,876.963,088.36941.46487.96108.7883.08
Operating Expenses + 2,354.612,465.422,969.873,413.883,277.892,890.012,806.972,419.06483.13318.29
Manufacturing Costs378.49353.48328.80423.90455.20366.34351.13250.2257.7058.40
Material Costs1,614.291,733.632,291.812,638.802,470.472,124.992,000.241,740.49148.8174.39
Employee Cost 250.92256.32232.22248.75254.65281.79227.91140.8848.7841.28
Other Costs 110.91121.99117.04102.4397.57116.89227.69287.47227.84144.22
Operating Profit 840.18441.94562.80757.74599.07198.35-1,865.51-1,931.10-374.35-235.21
Operating Profit Margin (%) 26.3%15.2%15.9%18.2%15.5%6.4%-198.0%-395.0%-344.0%-283.0%
Other Income + 19.029.7140.0854.4021.6720.2341.8812.138.451.46
Exceptional Items 0-345.4800000-367.3657.66-888.07
Interest 278.06450.19557.60596.65671.75422.12444.93441.52146.4581.17
Depreciation 271.22275.76166.33165.78161.51154.80154.61138.27103.9464.34
Profit Before Tax 309.92-619.78-121.0549.71-212.52-358.34-2,423.17-2,866.12-558.63-1,267.33
Tax 121.16-209.91-42.3126.29-61.29-76.27-735.92-986.16-258.68-120.13
Profit After Tax 188.76-409.87-78.7423.42-151.23-282.07-1,687.25-1,879.96-299.95-1,147.20
PAT Margin (%) 5.9%-14.1%-2.2%0.6%-3.9%-9.1%-179.0%-385.0%-275.0%-1,380.8%
Adjusted EPS (₹)14.0-30.5-5.91.7-8.1-8.9-53.2-59.2-9.5-36.1
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Valuation of Bombay Rayon Fashion - Standalone

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

data not found
No data found!

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22

Equity and Liabilities

Shareholders Fund + 3,121.222,711.352,617.881,905.452,605.304,241.092,554.36675.55382.85-762.76
Share Capital 134.60134.60134.60134.60185.99317.48317.48317.48317.48317.48
Reserves 2,986.622,576.752,483.281,770.852,419.313,923.612,236.88358.0765.37-1,080.24
Debt +3,609.754,518.055,124.915,399.945,338.593,897.284,014.534,375.694,695.174,410.34
Long Term Debt1,492.992,790.552,741.732,681.351,702.781,270.691,142.541,152.26893.81854.52
Short Term Debt2,116.761,727.502,383.182,718.593,635.812,626.592,871.993,223.433,801.363,555.82
Minority Interest0000000000
Trade Payables671.93792.86639.57739.68541.89570.67602.20569.28614.38557.60
Others Liabilities 886.51444.70446.71651.99731.09427.71-7.06-735.45-1,640.66-1,844.50
Total Liabilities 8,289.418,466.968,829.078,697.069,216.879,136.757,164.034,885.074,051.742,360.68

Fixed Assets

Net Fixed Assets +3,822.943,551.713,375.893,327.703,176.963,029.262,800.972,226.111,153.931,033.68
Gross Block4,612.294,614.094,596.284,708.774,712.024,716.364,608.463,938.012,140.332,036.71
Accumulated Depreciation789.351,062.381,220.391,381.071,535.061,687.101,807.491,711.90986.401,003.03
CWIP 128.96135.0910.940.158.9415.1715.7115.870.510
Investments 159.19158.19149.60146.63146.57146.57146.57146.57688.90688.90
Inventories2,261.852,446.122,875.363,121.423,646.343,727.152,208.94610.66464.5512.08
Trade Receivables718.43959.471,154.701,275.311,472.291,606.721,413.321,368.421,230.59153.44
Cash Equivalents 91.1597.6386.7781.8353.195.567.03122.903.91
Others Assets 1,106.891,118.751,175.81744.02712.58606.32571.49505.44510.36468.67
Total Assets 8,289.418,466.968,829.078,697.069,216.879,136.757,164.034,885.074,051.742,360.68

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22
Cash Flow From Operating Activity + 510.12-837.63573.49447.69281.02-160.833.30-365.56365.61-77.46
PBT 309.92-619.79-121.0549.71-212.52-358.34-2,423.17-2,866.12-558.63-1,267.33
Adjustment 545.25722.27710.59760.21820.38568.57727.85770.88757.62-125.18
Changes in Working Capital -272.56-937.69-13.47-356.2-324.06-369.121700.271732.19167.081316.17
Tax Paid -72.49-2.42-2.58-6.03-2.78-1.94-1.65-2.51-0.46-1.12
Cash Flow From Investing Activity + -445.39-3.2622.0775.3619.9257.7560.56436.22-343.4551.28
Capex -446.56-11.35-7.5067.3011.72-12.1932.15427.92268.9711.48
Net Investments 8.560.9720.7600.07000-6200
Others -7.397.128.818.068.1369.9428.418.307.5839.80
Cash Flow From Financing Activity + -92.06847.37-606.42-527.70-329.5855.45-62.39-65.69-31.2627.19
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 0000000000
Interest Paid -278.06-450.19-543.49-582.74-576.19-422.12-80.62-441.52-146.45-81.17
Dividend Paid 0000000000
Others 1861,297.56-62.9355.04246.61477.5718.23375.83115.19108.36
Net Cash Flow -27.336.48-10.86-4.65-28.64-47.631.474.97-9.101.01

Financial Ratio

PARTICULARSMar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22
Ratios
ROE (%)6.24-14.05-2.961.04-6.71-8.24-49.66-116.41-56.68N/A
ROCE (%)8.64-2.335.668.295.790.77-25.65-37.9-7.58N/A
Asset Turnover Ratio0.410.350.410.480.430.340.120.080.020.03
PAT to CFO Conversion(x)2.7N/AN/A19.12N/AN/AN/AN/AN/AN/A
Working Capital Days
Receivable Days67.30105.30109.20106.30129.30182585.401,040.404,360.403,040.30
Inventory Days230.10295.50274.90262.40318.60435.701,150.701,054.601,803.901,047
Payable Days126.40154.20114.1095.4094.7095.60107122.801,451.602,875.20

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *44.4140.9840.9840.9838.0738.0738.0738.0738.0738.07
* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Bombay Rayon Fashions Ltd FAQs

The current trading price of Bombay Rayon Fashion on 12-Dec-2022 18:01 is ₹1.82.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 11-Dec-2022 the market cap of Bombay Rayon Fashion stood at ₹57.78 Cr

The latest P/E ratio of Bombay Rayon Fashion as of 11-Dec-2022 is 0.00.

The latest P/B ratio of Bombay Rayon Fashion as of 11-Dec-2022 is -0.07.

The 52-week high of Bombay Rayon Fashion is ₹1.82 and the 52-week low is ₹1.74.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Bombay Rayon Fashion is ₹66.45 ( Cr.) .

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Bombay Rayon Fashions Ltd is a below average quality company.

The key valuation ratios of Bombay Rayon Fashions Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

No data found

About Bombay Rayon Fashions Ltd

Bombay Rayon Fashions (BRFL) was incorporated in 1992 and is engaged into manufacturing of fabrics and apparels. BRFL manufactures one of the most versatile and technically advanced fabrics and apparels in India. Presently, the company is the largest shirt manufacturer in India.

Currently, it has employee strength of 32000 people. Its fabric division manufactures 55 million meters per annum. Its garment unit manufactures 35 million pieces per annum.

It has vision to become lowest cost producers in the world by setting up best manufacturing units.

The Company owns 13 manufacturing facilities, including one sampling unit across the country

BRFL has presence in entire value chain starting from yarn dyeing, weaving, fabric processing, designing, garment manufacturing till retailing.

In domestic market it finished fabric are marketed through 70 distributors and more than 2000 retailers. It also exports to Middle East and EU countries.

It is setting up new manufacturing unit in Maharashtra, Bangalore and Karnataka. This will increase the yarn dyeing capacity from 1.4 million kg p.a to 11.9 million kg p.a.It will also increase fabric manufacturing capacity from 55 million metres p.a. to 235 million metres p.a. and garment manufacturing capacity from 30 million pieces p.a. to 75 million pieces p.a.

Milestones

BRFL got listed in all the stock exchanges in India in 2005.In the same years it acquired DPJ Clothing U.K.

In 2007, BRFL acquired Leela Scottish Lace a textile arm of Leela Group. This acquisition made BRFL one of the largest apparel groups in India.

In 2007, BRFL signed Memorandum of Understanding with Government of Maharashtra to expand its fabric and garment division by setting up new unit in various regions of Maharashtra. The total investment for this project is Rs.1,100 crore.

In 2008 BRFL acquired the iconic brand “Guru”.

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